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Updated about 6 years ago,
Denver Market: House Hack: Buy Now Or Wait 9 Months
Good Afternoon BP!
I am new to this whole REI thing. I have been really getting invested on education and networking in the last couple of months. I am out in Denver Colorado and looking to make the first jump into investing through a house hack.
I was talking to a friend that has some pretty good connections in the Denver real estate market. He had heard that in the next 9 months or so it is projected for a correction in the RE market. I have been viewing properties and looking to get into a house this year. I am just curious others thoughts about this market.
I am between, getting into a house this year just to start and get my feet wet. The other part of me is questioning if I should wait 9 months, save up some more money and continue learning as much as possible to see if the housing market softens up to get into a better deal.
I would love to hear others advice on this situation just coming from someone with more expertise and experience in this field. Any insight helps to see different angles and view points on this situation.
Thank you so much!
-Taylor